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5 Business Continuity Red Flags in Vendor Relationships and How to Address Them

5 Business Continuity Red Flags in Vendor Relationships and How to Address Them

Explore the vendor issues that could damage your institution and learn strategies for effectively navigating third-party risk management (TRPM).

Nov 14, 2024 6 min read
TPRM 101: Top Third-Party Vendor Risks for Financial Institutions

TPRM 101: Top Third-Party Vendor Risks for Financial Institutions

A rundown of the biggest third-party vendor risks banks, credit unions, mortgage companies, and other financial institutions needs to know about

Oct 1, 2022 25 min read
Risk Management 101: Risk Assessments for Financial Institutions

Risk Management 101: Risk Assessments for Financial Institutions

A step-by-step guide through the risk assessment process for banks, credit unions, mortgage companies, with real-world risk assessment examples.

Sep 30, 2022 26 min read
What Is A Compliance Management System And Why Your Financial Institution Needs One

What Is A Compliance Management System And Why Your Financial Institution Needs One

Read on to discover what a compliance management system is — and why your FI needs one.

Sep 20, 2022 14 min read
Does Your BCP Have a BCP?

Does Your BCP Have a BCP?

Many financial institutions have activated business continuity plans due to the pandemic and are now activating a second one due to natural disasters.

Sep 13, 2022 3 min read
Business Continuity Planning vs. Disaster Recovery: Understanding the Difference

Business Continuity Planning vs. Disaster Recovery: Understanding the Difference

Many people use the phrases “business continuity planning” and “disaster recovery” interchangeably, but they aren’t the same thing.

Mar 23, 2022 2 min read
Been Through a Disaster? Be Ready to Talk BCP and Risk During Your Next Exam

Been Through a Disaster? Be Ready to Talk BCP and Risk During Your Next Exam

If your institution has been through a natural disaster, you're likely have a conversation about it on your next exam. Here's what you need to know.

Mar 10, 2022 3 min read
Are New Employees Your Biggest BCP Risk?

Are New Employees Your Biggest BCP Risk?

BCPs identify individuals with specific roles and responsibilities. It also has contact information and contact trees to ensure strong communication even

Feb 23, 2022 3 min read
8 Features to Look for in a Business Continuity Solution

8 Features to Look for in a Business Continuity Solution

You can use these highlights to understand the landscape, proactively review your institution, and make changes to avoid criticism in your own program.

Apr 8, 2021 2 min read
How Does Your Business Continuity Plan Measure Up?

How Does Your Business Continuity Plan Measure Up?

Financial institutions must be resilient and ready for anything. How does your business continuity plan measure up?

Oct 27, 2020 1 min read
Business Resiliency: Your Guide to Business Continuity Management

Business Resiliency: Your Guide to Business Continuity Management

Here's the updated FFIEC IT Handbook with Business Continuity Management explained. Here's more.

Sep 23, 2020 6 min read
9 Steps to an Effective Tabletop BCP Test

9 Steps to an Effective Tabletop BCP Test

Your BCP tabletop exercise is an important part of your overall business continuity plan. Here are 9 steps you can take to ensure your test is effective.

Sep 11, 2020 3 min read
How Have Critical Vendors Performed During the COVID-19 Pandemic?

How Have Critical Vendors Performed During the COVID-19 Pandemic?

The COVID-19 pandemic has been a trying time for everyone—including financial institutions working with third-party vendors.

Sep 10, 2020 2 min read
Business Continuity Planning: Where to Start

Business Continuity Planning: Where to Start

There’s no shortage of information about business continuity planning (BCP), but having lots of information is different from having

Sep 9, 2020 2 min read
10 Business Continuity Planning Basics

10 Business Continuity Planning Basics

After the past few months of fire and weather calamities, many financial institutions are wondering if their business continuity plans (BCPs) are

Sep 3, 2020 2 min read
3 Ways to Keep Your Business Continuity Plan Current

3 Ways to Keep Your Business Continuity Plan Current

It was a rainy night, the kind where television programs are interrupted by an emergency alert warning of a flash flood, but he wasn’t worried.

Sep 3, 2020 2 min read
Business Continuity: 7 Areas to Evaluate Part-Way Through A Pandemic

Business Continuity: 7 Areas to Evaluate Part-Way Through A Pandemic

Regularly evaluate your operations and business continuity management to ensure plans are performing as expected through a pandemic.

Jul 9, 2020 2 min read
What Examiners Will Be Looking for in Your COVID-19 Response

What Examiners Will Be Looking for in Your COVID-19 Response

The ongoing COVID-19 pandemic has impacted operations and financials at every financial institution.

Jul 1, 2020 3 min read
5 Tips For Assessing Your Financial Institution’s Pandemic Performance

5 Tips For Assessing Your Financial Institution’s Pandemic Performance

Now that we’re months into the COVID-19 pandemic, financial institutions can finally begin assessing their pandemic performance.

May 21, 2020 2 min read
3 Common Questions About Vendor Response To COVID-19

3 Common Questions About Vendor Response To COVID-19

Monitoring critical vendors’ response to COVID-19 and the effectiveness of their ongoing business continuity management (BCM)

May 19, 2020 2 min read
What’s The Difference Between Business Continuity Management (BCM) And Pandemic Planning?

What’s The Difference Between Business Continuity Management (BCM) And Pandemic Planning?

There is a huge amount of overlap between BCM and pandemic planning guidance.

May 14, 2020 1 min read
Inside Ncontracts COVID-19 Pandemic Response

Inside Ncontracts COVID-19 Pandemic Response

When your company is full of risk management and business continuity experts, you have to be prepared to face the unexpected.

Apr 29, 2020 4 min read
A Little Monday Inspiration: The Banking Heroes We Need

A Little Monday Inspiration: The Banking Heroes We Need

We all need a little inspiration to brighten these difficult days. I got a dose last week from this story in The Washington Post about how nimble banks

Apr 27, 2020 4 min read
How to Lead During a Pandemic: A Conversation with Marcia (“Marci”) Malzahn

How to Lead During a Pandemic: A Conversation with Marcia (“Marci”) Malzahn

The pandemic activated every single risk. Right now, bankers are dealing with credit, liquidity, interest rate, earnings, capital, and human resources.

Apr 20, 2020 5 min read
The New COVID-19 Risk Environment: Reassessing Risk

The New COVID-19 Risk Environment: Reassessing Risk

Risk has always been a part of banking. But today, with the spread of COVID-19 wreaking havoc on customers, the economy, and how we live and do business,

Apr 17, 2020 3 min read
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & IT (Part 6)

Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & IT (Part 6)

HR may be setting up work-from-home policies and dealing with employee concerns, but the IT department has to make sure the technology works.

Apr 10, 2020 4 min read
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Finance & Lending (Part 5)

Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Finance & Lending (Part 5)

As COVID-19 spreads across the U.S., finance and credit departments at financial institutions are facing a new world of risk.

Apr 8, 2020 3 min read
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Compliance and Risk (Part 4)

Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Compliance and Risk (Part 4)

While many necessary compliance and risk functions continue, it’s by no means business as usual. COVID-19 is creating new operational risks that need to

Apr 6, 2020 3 min read
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Board & Management (Part 3)

Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Board & Management (Part 3)

As COVID-19 spreads across the country, boards and management are making critical decisions to adapt to changing conditions.

Apr 3, 2020 2 min read
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Human Resources (Part 1)

Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Human Resources (Part 1)

Ncontracts will address key operational risk considerations department-by-department to help your FI with pandemic preparedness & business continuity

Mar 23, 2020 3 min read